Liquidation — order passed
51 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution14 still in process
Order to dissolution65 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
CALS REFINERIES LIMITED
L51909DL1984PLC018775
|
IRP · Nov 2017
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Jun 2019
|
|
Gadhinglaj Agro Alochem Limited
U24200PN2007PLC130542
|
IRP · Oct 2019
RP · Nov 2019
Liquidator · Jan 2021
|
🔒 | 🔒 | 🔒 | 18 mo
to Jan 2021
|
|
HPT Constructions Private Limited
U70101DL2011PTC221122
|
Liquidator · Sep 2022
|
🔒 | 🔒 | 🔒 | 5 mo
to Sep 2022
|
|
Tecpro Engineers Limited
U74210DL2005PLC136976
|
Liquidator · Jul 2019
|
🔒 | 🔒 | 🔒 | 16 mo
to Jul 2019
|
|
Customized Kitchen India Private Limited
U74999DL2014PTC273690
|
IRP · Feb 2020
RP · Mar 2020
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 13 mo
to Mar 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Under CIRP — live
1Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: Himskar Systems Private Limited at 2,537 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Himskar Systems Private Limited
U29299DL2001PTC112574
Machinery & Equipment |
IRP · Oct 2019
|
2,537d past 330d limit | Under CIRP |
Admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached. The day count runs from the insolvency commencement date (s.12 IBC). A case past 330 days is not a default by the professional: the Supreme Court struck the word “mandatorily” from that proviso in CoC of Essar Steel v Satish Kumar Gupta (2019), and time lost to the tribunal's own listing is counted in the figure. Read it as runway, not as a verdict.
Voluntary liquidations
1Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
Dissolution orders read1 of 1
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| IKON REAL-TECH PRIVATE LIMITED U70109DL2007PTC158933
|
Voluntary Liquidator · Apr 2018 |
— | — | — | in process |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count6 mandates on record
Typical time to outcome16 months
national median 16 months · median of 5 concluded mandates
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional6
Liquidator4
Voluntary Liquidator1
Of these, 4 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
New Delhi5 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,250 concluded cases)
Gulshan runs a median 16 months to outcome across 5 concluded mandates.
The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds —
so he is closing 51 days faster than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Other Services2
Trading & Distribution1
Other Manufacturing1
Machinery & Equipment1
Real Estate & Housing1
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